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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NTRA
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Red day on Thursday for Natera stock after losing 0.457%
(Updated on May 02, 2024)

Buy or Hold candidate since Apr 29, 2024 Loss -0.34% PDF

The Natera stock price fell by -0.457% on the last day (Thursday, 2nd May 2024) from $94.15 to $93.72. During the last trading day the stock fluctuated 3.40% from a day low at $92.77 to a day high of $95.92. The price has risen in 6 of the last 10 days and is up by 7.38% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -397 thousand shares and in total, 599 thousand shares were bought and sold for approximately $56.15 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 33.43% during the next 3 months and, with a 90% probability hold a price between $118.96 and $139.84 at the end of this 3-month period.

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NTRA Signals & Forecast

The Natera stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $92.75 and $91.96. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, April 09, 2024, and so far it has fallen -3.86%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Natera stock

Natera finds support from accumulated volume at $92.90 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.15 between high and low, or 3.40%. For the last week, the stock has had daily average volatility of 3.41%.

Our recommended stop-loss: $89.72 (-4.27%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 17 days ago.)

Trading Expectations (NTRA) For The Upcoming Trading Day Of Friday 3rd

For the upcoming trading day on Friday, 3rd we expect Natera to open at $94.14, and during the day (based on 14 day Average True Range), to move between $90.38 and $97.06, which gives a possible trading interval of +/-$3.34 (+/-3.56%) up or down from last closing price. If Natera takes out the full calculated possible swing range there will be an estimated 7.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $94.04 (0.34%) than the support at $92.90 (0.87%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Natera stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Natera stock to perform well in the short-term.

Current score: 3.573 Buy Candidate Unchanged

Predicted Opening Price for Natera of Friday, May 3, 2024

Fair opening price May 3, 2024 Current price
$94.14 ( 0.445%) $93.72

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NTRA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 97.29 3.81 %
R2 96.08 2.52 %
R1 95.34 1.73 %
Current price: 93.72
Support S1 92.93 -0.84 %
S2 92.19 -1.63 %
S3 90.99 -2.92 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 96.75 3.23 %
R2 95.43 1.82 %
R1 94.04 0.341 %
Current price 93.72
Support S1 92.90 -0.87%
S2 89.41 -4.60%
S3 86.49 -7.71%

FAQ

What is the symbol for Natera Stock and on which exchange is it traded?
The symbol for Natera is NTRA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Natera Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Natera stock to perform well in the short-term.

How to buy Natera Stock?
Natera Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Natera Stock.

What's the current price of Natera Stock?
As of the end of day on the May 02, 2024, the price of an Natera (NTRA) share was $93.72.

What is the 52-week high and low for Natera Stock?
The 52-week high for Natera Stock is $98.82 and the 52-week low is $36.90.

What is the market capitalization of Natera Stock?
As of the May 02, 2024, the market capitalization of Natera is 11.218B.

When is the next earnings date for Natera?
The upcoming earnings date for Natera is Jun 12, 2024.
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About Natera

Natera Natera, Inc., a diagnostics company, develops and commercializes molecular testing services worldwide. It offers Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus with a blood draw from the mother, as well as twin pregnancies for zygosity; Vistara, a single-gene mutations screening test to identify single-gene disorder; Horizon carrier screening to determine carrier status for various genetic diseases; a... NTRA Profile

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